SCE CEO Andrew House added: “We will not generate anything like the losses we did for the PS3.”

The site adds that Sony, however, faces financial complications from the fact that the Yen is now weakening – its entire strategy until now has been designed to protect the firm from the dangerously strengthening Yen.

A weaker Yen will mean that Sony will make more money for every unit sale overseas but will also have to pay more for the production of each unit, most of which is now taking place outside of Japan.